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Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
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Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
'No financial room,' German minister says as tax revenues drop
Yahoo News - World - Germany -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Report: Caitlin Clark, Fever set WNBA single-game ticket revenue record in loss to Liberty
The New York Liberty earned more than $2 million in ticket revenue in their win over Caitlin Clark and the Fever on Saturday.Yahoo Sports - Sports - WNBA -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business
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Nikkei May Trade Rangebound Amid Uncertainty Over Fed, Yen Direction
Japanese stocks’ trade may be rangebound as uncertainty continues over the outlook for the Fed’s policy and the yen’s direction.The Wall Street Journal - World -
Iran Says Helicopter Carrying Its President Is Missing After Crash
Drones and dogs were being used to try to locate the helicopter carrying Ebrahim Raisi, hampered by fog and bad weather, Iran’s interior minister said. The foreign minister was also on board.The Wall Street Journal - World - Iran -
Star Entertainment Gets Bid Interest, Says No Substantive Talks So Far
The Australian casino operator said it has received approaches about potential deals as it battles to repair its reputation amid heightened scrutiny from regulators.The Wall Street Journal - World -
Xander Schauffele Finally Holds His Nerve to Win PGA Championship
Xander Schauffele had developed a reputation for wilting in the biggest moments. But when he coughed up a lead Sunday, he responded with a string of clutch shots to land his first major title.The Wall Street Journal - World -
U.S. to Withdraw Troops From Niger
Relations between Niamey and Washington deteriorated after a July coup.The Wall Street Journal - World